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09-18-2011, 04:10 AM #1
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Mike Shedlock: Germany Gives Geithner Stiff Finger
Germany Gives Geithner Stiff Finger
Mike Shedlock
It's good to see someone thinking clearly, and that someone is certainly not Treasury Secretary Tim Geithner who wants to dump more Euro risk on the backs of European taxpayers, especially German taxpayers.
Bloomberg reports Germany Rejects Using ECB Leverage to Increase European Rescue Fund’s Size http://www.bloomberg.com/news/2011-09-1 ... power.html
Germany’s top two finance officials rejected using the European Central Bank to boost the euro-area rescue fund’s firepower, rebuffing a suggestion by U.S. Treasury Secretary Timothy Geithner.
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